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...Hoffman is a "meek, soft-spoken guy who is mad as hell and just decided to go ahead and do this 2009 version of Mr. Smith Goes to Washington. And it seems to be working." Upstate political observers say Hoffman has struck a chord with voters based on his deficit-reduction message and pro-life stance. He also supports a flat tax and lists four other "issues" on his campaign website's homepage: "Gay Marriage," "Bank Bailout," "No Pork Pledge" and "ACORN." "I'm fighting for the heart and soul of the Republican Party," says Hoffman, who helped manage...

Author: /time Magazine | Title: A GOP Civil War in Upstate New York | 10/30/2009 | See Source »

...fronts - such as the commercial real estate market, where lending has lagged behind the residential market - could be tough, says Jim Thurber, head of American University's Center for Congressional and Presidential Studies. "To make those cases is going to be very hard," Thurber says. "Even in terms of deficit and debt - and we are in trouble on that front - it's very hard to get people excited about that in America. Candidates have tried it for years; it's a hard issue to get people to focus...

Author: /time Magazine | Title: How the GOP Hopes to Overcome 'Party of No' | 10/29/2009 | See Source »

...Flights Plan Committee said the Constellation program's goals were underfunded. The committee, headed by Norman Augustine, retired chairman and CEO of Lockheed Martin Corp., concluded that NASA needs another $3 billion a year to pursue meaningful human space exploration beyond low Earth orbit. Facing a $1.4 trillion federal deficit, even NASA's most ardent supporters in Congress, who represent some of the 60,000 jobs associated with the agency, acknowledge that additional funding will be hard to come...

Author: /time Magazine | Title: The Ares Liftoff: Learning from Space Shuttle Mistakes | 10/28/2009 | See Source »

...ongoing financial crisis, careful review of the budget will be crucial in the coming years. Last spring, the district was forced to resolve a $2 million deficit for the 2009-10 school year by reducing and allocating spending in a variety of areas...

Author: By Rediet T. Abebe and Sofia E. Groopman, CRIMSON STAFF WRITERS | Title: School Committee Elections Near | 10/27/2009 | See Source »

...move that clarified why administrators have tamed fiscal messages of late after months of stressing the Faculty of Arts and Sciences’ impending financial deficit, FAS Dean Michael D. Smith delivered the news Friday that the school had posted a $58.6 million surplus in its unrestricted funds for the fiscal year that ended June 2009. The figure, released Friday in Smith’s Dean’s Annual Report, was balanced by a consistent emphasis that most of the gains were “the result of one-time events,” and that, as expected, much...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Reports Surplus, Stresses Continuing Deficit Threat | 10/26/2009 | See Source »

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